Absolutely tax cuts always increase revenue to the treasury; the “revenue neutral” comment is strictly limited to the quid pro quos in the bill.
You and I both know that neither Democrats, nor the eGOP, EVER countenance the stimulated increases in future revenues when they argue, fret, spit, lament, scratch, kick, moan and seethe about tax reductions. The rhetoric is ALWAYS “OMG!! Flaming economic Hell is going to EAT US ALL ALIVE!!”
And, if by “US” they mean themselves, I wish it would!
The leftist-prognosticated doom never comes, but that only fuels their ambition to rewrite history in the rearview mirror for the next generation. Look at the eternal damnation they’ve been heaping upon Reaganomics for nearly 40 years, now. It’s despicable! And it is who the Dems are; all the way to the abominable, death-eating core.
“These tax cuts have to be paid for,” is The Swamp crying out for preservation of the establishment-dominated status puke, and it’s a philosophy embedded in this bill as a sop to the Democrats and the eGOP. BUT, with the full knowledge that they’re full of crap, and future revenues will far outstrip “costs” of the tax reductions the bill enacts.
Even Bernie Sanders has the wits to understand, and now openly admit, that “...we should’ve made the tax cuts for the middle class permanent.” He’s NEVER going to say that if he doesn’t already know that there’s a tidal wave of revenue coming that is being stimulated by private-sector growth driven by tax cuts in this bill.
So, EXCLUSIVE of burgeoning future growth-based revenues, this bill is revenue neutral.
In Realville; it’s a boon to the Treasury and the citizenry alike.
And The Swamp already has big plans to squander it, and then paint the negative FedGov balance sheet economics of that as a failure of this in hopes of never seeing any more of this sort of bill, ever again.
Thanks for the reply. Reaganomics was called the completely made-up term “trickle-down economics.” The size of the economy tripled and the started calling the 80’s the “decade of greed.” The stupidity of their voters is shocking. Without misplaced envy they have no argument.